► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Deposit interest rates at the ECB and some other European central banks are below zero. The FT’s Christopher Thompson and Ferdinando Giugliano discuss why central banks took such a dramatic step and if negative rates are having the desired effect.<br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />► FT Global Economy: http://bit.ly/1J5mmqH<br /><br /> ►Will ECB launch full QE?: http://bit.ly/1d3U0Au
